The ideas that I trade by:

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Captain Pugwash
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Postby Captain Pugwash » Sun Nov 16, 2014 4:16 pm

aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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aliassmith
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Postby aliassmith » Sun Nov 16, 2014 5:59 pm

Captain Pugwash wrote:
aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:


i noticed that after i posted.
i understand it perfectly, but wonder if there is a reason for that choice
Trade Your Way as Long as It Makes Money!

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MightyOne
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Postby MightyOne » Sun Nov 16, 2014 6:05 pm

You are right, the # of targets to add 1 zero to an account is based on Fibonacci.
Upon completion of a series of targets 87.5% of the account is withdrawn
(or you can stack zeros until you reach your happy place)
as it is not possible to keep stacking zeros forever.

19.4%: 13
33.4%: 08
58.5%: 05
115.5%: 03

The number of 'max.' & 'half max' size pips
(assuming 50:1 and $1 pips)
to reach targets are:

19.4%: 39-78
33.4%: 67-134
58.5%: 117-234
115.5%: 231-462

These #'s are just to give you an idea of how long you will spend working on each target.

ANYONE can nail 13 targets in 12 months.

The better you are at adding size the larger your targets.

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Postby Captain Pugwash » Sun Nov 16, 2014 6:12 pm

aliassmith wrote:
Captain Pugwash wrote:
aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:


i noticed that after i posted.
i understand it perfectly, but wonder if there is a reason for that choice


Sorry Aliassmith - deduct the word "also" from me post :)

I didn't understand it at all - but now i have something to work on :)
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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MightyOne
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Postby MightyOne » Sun Nov 16, 2014 6:13 pm

aliassmith wrote:
Captain Pugwash wrote:
aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:


i noticed that after i posted.
i understand it perfectly, but wonder if there is a reason for that choice


I noticed a trend in my target selection and just went with it :lol:

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Postby aliassmith » Sun Nov 16, 2014 8:12 pm

Captain Pugwash wrote:
aliassmith wrote:
Captain Pugwash wrote:
aliassmith wrote:
MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!

Hit a target, get out, reset space, move on to the next.

By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.

It is easier than it looks :)


# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03

Example:
3 Targets of +115.5%

$2000 - $4310
$4310 - $9288
$9288 - $20015


Did you pick 8,5,3 for a specific reason?


Its a fibonacci sequence - but I am also lost :oops:


i noticed that after i posted.
i understand it perfectly, but wonder if there is a reason for that choice


Sorry Aliassmith - deduct the word "also" from me post :)

I didn't understand it at all - but now i have something to work on :)


MO language

+1 zero is 10x your account

33.4% is target based on current account size

08 is the number of cycles per year needed to hit the target
to make 10x your account
Trade Your Way as Long as It Makes Money!

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MightyOne
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Postby MightyOne » Sun Nov 16, 2014 9:59 pm

Price isn't going up unless it is closing above 'something'.

The further back your 'something' the larger the time frame that you are trading.

Image



In my haste I mismarked the chart.

It should read 'higher lows + wickdoll' & 'lower highs + wickdoll'

I don't know where my mind is :oops:

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MightyOne
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Postby MightyOne » Sun Nov 16, 2014 10:27 pm

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Postby MightyOne » Sun Nov 16, 2014 10:42 pm

Image

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prochargedmopar
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Postby prochargedmopar » Sun Nov 16, 2014 11:44 pm

Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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